Friday, February 13, 2015

Who's Tying Money to College Performance, and How? A Report Breaks It Down

The Chronicle of Higher Education
February 13th, 2015

Over the past few years, performance-based funding has picked up momentum across the nation. Yet there's little consensus on the best way to carry out the controversial strategy, which rewards or punishes colleges for their graduation or retention rates.
A report released on Thursday by HCM Strategists, and funded by the Bill & Melinda Gates Foundation, seeks to provide some answers. Taking the form of a state-by-state breakdown, it assesses and categorizes the policies in 35 states—each of which have either put in place or begun developing outcomes-based funding models to supplement or replace traditional, enrollment-based ones.

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